Fort Worth weekly gazette. [volume] (Fort Worth, Tex.) 1882-1891, 1887-12-09

lathe Tal.6d States:
,rf,ou,ed a. the threshold OF
.....ye duties with q condition of
a,s-css which imPerG:ively
.na5is.e and careful consid-
,~-asn5u15 Of money snrusliy
t,onpa ire operations of the
%s from the industries and
1.-The people Isrgely exceeds
s,casssrT to meet The expenses
y.,rmsut. When We consider
800 Of our institutions Sueran-
NV ,l citizen the full eDjoyments
gym ,-1its CT his industry and enter
9th ouly such deduction as
y y, s5sre 10 wards the careful aud
maintenance OF the govern
5,, r protects him, il is plain that
81 , , u more than this
= nDEFENsIBLE ExToRTIoN
.a,oIe BETRAYAL Of American fair
.,is.tice. Tais wrong Inflicted
~ ..:.e WHO bear the burden Of
! ,,yt;isR, Ike other wrong,
Pa. mood # evil consequences.
3 III, Treasury which should only
rlDduit conveying the peoples
4a.nis legitimate objects Of tx.
y .-,s bacomes 8 boarding place for
,Tsej;essly Withdrawn from trade
I. ns7gIe's use, thus Crip3ling oUg
s-,,,prrries, suspending our couu-
{, i.g.l5oment, preventing invest
!, !, gr5fucliva enterprise, threaten
,Ccia disturbance and inviting
s-scf public pluGteT. This caudi-
/ 4 ant Treasury is not altogether
mil. ha5 more than once OF late
r3ai.tsd to the peoples repre-
|r47:s il Congress who clone can
T., remedy, ara yet the situation
-ge, with aggravated Incidents more
rTs, prcssgllg s financial coRTul-
.rd
WIDESPREAD DISASTER,
Zinc, 10 TO mcgee this situation.
,Y It's daogers are rot row
Isgy eminent aud apparent,
rE. none the less certainly, and
Inee unforeseen and unexpected &C.
Z. El5l suddenly they vail b. pre-
Egsi g00n Us. Ga the 50th day Of
|. 1885, the excess OF revenues over
n tzDe1ditEres, alter complying with
.rrga requirements Of the sinking
,.s, IVES ST. S5g, 755 81. DuTiag The
rrled June 30, 1856, such excess
.aet 10 S44,450 $40, ana duriOg the
rGiei Jane 90. 1887, It TeEc ted the
S4954 the annu4I con-
HILLS 70 the sinkingEtuU during the
Z PESTS above specified amounted In
.!.,tg2!a 10 SI&5,058. $50 "a. aud de-
Us from the surplus as stated were
57cslli1g il for the purpose out
ling 8 Ger cent. bonds Of the govern
!. Dari5g the six months prior 70
'a, 1857, the surplus revenue had
Use large
BY.REPEATED ACCUMULATION
tws feared the withdrawal OF this
aGu Of money needed o. the people
4O ST. Ct the business Of the coun-
lbs. he sum cf So, S64 100 of such
us Vas spilled 10 the payment ofthe
a9sl and interest Of the 3 per cent.
lGA. outstanding and which were
HJsoe 81 tue option OF the govern
J. The precSriOus condition OF tinan-
,-..IS among the people still needing
/ Immediately after the 30th day OF
; 1887, The remainder OF the 5 per
o3las then outstanding amounting,
l'i'cIosi snd interest, to the sum Of
1880, were called in and applied TO
-lIDg fund contributed for The cur
ts year.
aON BINDS WERE PURCHASED.
'''ls.s2cIng these operations Cfthe
.-T Department, representations
.s.'sSs IN business circIes not only
-lsl bu. increased, and absolute
seemed St hand. Under these cir
.a-i,s the contribution To The
= fund for the CurTent
!sir T2s c. once c0mp]eted by the
-l'l's q S27C8+ .2s3 80 in the pur-
W soTar-r-=Et o0nos, not get due,
~ sid i per cent. interest, the
IN pAiG thereon averaging about
! cent tCE the former and s per
ID DE litter. In addition 20 this
.5.SS. acoruiDg during the current
-l'2 rs outstanding bonded in
ness Ct the government wss TO
@.5a, anticipated and the banks
3. IS repositories Ct public money
s'fmlt.ed 20 somewhat increase
-'l2si,s. While The. eXpedients thus
!sl . release to the people the
H:ts Idle in the Treasury served
- Immediate danger cur surplus
''S Asve Continued TO accumulate,
t1'fsS for the present
.. counting o. the first
4 December to $50. 75S. 70I 10,
'I-l5J % Trsch the sum Of SIl3,-
% TIE S0:h dsy If June next, AZ
.A,e !. Is expected that this BUN
- 0tlor sccumu}StioBs will swell
'''oS N he treasury TO Sl40.0CC.-
TEE DANGER.
Z seems 70 be no assurance that
!, "a q withdrawal from use Of The
circulating medium, our business
= y me nesr future my not be
~ y. 10 the same distress which was
,a'siy produced from the same
~, ~ While the functions Of our ma
N, ,.,s-Safy should be few and simple,
's It's best condition would be
-, oelleye by its entire disconnec-
- - private business interests, yet
b; : perversion OF its purposes il
= - money uselessly substracted
y = tunnels of trade, there seems
~ for the claim thst some
80, &c means should be devised by
'S rune TO restore IN 81 emer-
-"aout waste or extravaganza
e' to lis place among the peo-
-, hELIEF NECESSARY.
~ "a emergency arises there now
- =, 1esr and uudOubted executive
~ relief. Heretofore the re-
49,, = VI Three per cent. bonds which
/ 'ao.e At the option Of the gov
sr as Afforded q means for the dis
q ca ! VI the excess OF our revenues,
e o9nas have all been retired and
-, ~ ponds outstanding the pay
IT, sn'ea we have the right TO insist |
hirS contribution so the sinking
i,r i'm furnishes the occasion for the |
ra.s N the purchase OF bonds has |
ibso ~ made for the current year,
T n Is no outlet in that direction.
,,f..ssent state of legislation the